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Probe Metals Inc.
Summary
| Project: | Val-d'Or East | |
|---|---|---|
| Deposit: | Courvan | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/20/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-8-2019: Probe Metals Inc. announces an Exploration/Drilling Update report for its Courvan deposit at the Val-d'Or East project. Drilling results incl. 151.2m @ 0.6g/t Au from 81.8m. TORONTO, Aug. 20, 2019 -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marco Gagnon (Internal) | |
| ABSTRACT: | TORONTO, Aug. 20, 2019 -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to provide new results from its Courvan area drill program on its Val-d’Or East property (the “Property”) located near Val-d’Or, Quebec. The 100%-owned claims are located approximately 1.5 kilometres west of, and adjacent to, the New Beliveau deposit. The drill program is focusing on expansion and exploration drilling in and around the former Bussiere mine. Results from twenty-two (22) follow-up drill holes released today, totaling 6,210 metres, continue to expand previous discoveries as they delineate the new Courvan parallel gold trend. This trend includes five deposits namely Southwest, Southeast, Bussiere West, Creek and Bordure (see figure 1). An updated mineral resource estimate, incorporating new drill results from the Courvan gold trend, is expected shortly. Selected highlights of the drill results are presented below. David Palmer, President and CEO of Probe, states, “The Courvan area continues to deliver above expectations in both exploration and infill drilling programs. Based on the results to date, the Courvan area is considered to be a legitimate parallel trend to the gold mineralization hosted by the Beliveau deposit, which currently contains most of the Company’s gold resources. The identification of parallel trends opens up considerable exploration upside and both geophysical and geochemical surveys are in-progress to delineate these and other potential trends within the area. The Fall drilling program, expected to begin shortly, will focus on both Resource expansion/improvement and the discovery of new trends and deposits. Management is looking forward to accelerating its exploration programs in this rising gold price environment.” | |
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